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प्रश्न
Justify the following statement.
Karta is the sole manager of ‘Joint Hindu Family Business’.
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उत्तर
- The Karta is the eldest or senior most person in the family business.
- A Karta has unlimited liability.
- He has the entire decision making power and he is not binding on the views of the co-parceners.
- Thus, Karta is the sole manager of the Joint Hindu Family business.
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संबंधित प्रश्न
Features of Joint Hindu Family Business
Define ‘Joint Hindu family business/firm’.
Features of Joint Stock Company?
The form of organisation which comes into existence by law of inheritance.
Select the proper option from the options given below and rewrite the completed sentence.
The members of Hindu Undivided family business are called ________
Select the proper option from the options given below and rewrite the completed sentence.
The Head of Joint Hindu family Business is called as ________.
Distinguish between the following.
Joint Hindu family firm and Sole Trading concern
State True or False:
The liability of KARTA is unlimited.
Answer in one sentence.
What is Joint Hindu Family business?
Explain the following term/concept:
Karta.
Distinguish between.
Joint Hindu Family Firm and Joint Stock Company.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
The members of the Joint Hindu Family firm.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Who manages and leads the Joint Hindu Family Business?
How is membership in a Hindu Undivided Family acquired?
